Math, asked by laxmansankhla07, 11 months ago

by selling an article for rs2500 a man gain 20%, find his gain​

Answers

Answered by upadanrtm2020
1

Calculating Gain

Answer: Gain on selling article is 416.67.

Explanation:

given that selling price of article = Rs2500

On selling the article gain% = 20%

Need to determine the gain.

gain of 20% means gain of 20% of cost price

so first we need to determine the cost price of the article.

lets assume cost price of the article be represented by variable y.

selling price = cost price + gain %

=> selling price = cost price + 20% of cost price ( as gain = 20%)

=> 2500 = y + 20% of y      [ since selling price = 2500 and assumed cost   price = y ]

=> 2500 = y + (20/100)y

=> 2500 = y + (1/5)y

=>2500 = y + y/5

=> 2500 = 6y/5

=> (2500 × 5) /6 = y

=> y = 12500/6 = 2083.33

so cost price = y =  2083.33

gain = 20% of cost price = (20/100) x 2083.33 = 2083.33/5 = 416.67

Hence gain on selling article is 416.67.

we can check are solution by adding cost price and gain which should be equal to selling price

=> cost price + gain = 2083.33 + 416.67 = Rs 2500 which is equal to given selling price.

Hence our solution is correct.

#answerwithqualtiy

#BAL

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